If it's harder to find a job in the next five years as a senior engineer, it will likely be because the economy is in a recession or because of simple reversion to the mean, not because of too many entry-level engineers entering the workforce. If there was any time when entry-level engineers were flooding the market, it was during, like, 2013, when Google and Facebook were hiring like crazy.
The unemployment statistics don't match what you're saying here, at all.
are there unemployment statistics for software engineers? The overall unemployment statistics are probably way off from the subset of professionals and or software engineers.
The unemployment statistics don't match what you're saying here, at all.